News
Why Obasa Was Impeached As Lagos Assembly Speaker After 10 years

Amid wild jubilation, members of the Lagos State House of Assembly, yesterday, impeached the embattled Speaker, Mudashiru Obasa, over alleged financial misappropriation.
In his stead, the lawmakers chose his deputy, Mojisola Lasbat Meranda, representing Apapa Constituency I, making her the first female Speaker in the history of the House.
The Assembly also removed the Clerk, Olalekan Onafeko, and dissolved all House committees.
An elated Speaker Meranda, sworn in at 9 am, said she would unveil her plans next week, saying “I will not be able to talk now.”
Although the former speaker maintained that he was innocent of the accusations, the impeachment ended his 10 years reign as speaker, which makes him the longest speaker of the House since its inception in the Republic.
Obasa brought Onafeko to the assembly; they became close confidants and were behind the ban on journalists covering the activities of the House for over two years now.
Armed security personnel take over Assembly
Following Obasa’s removal, armed security personnel of the Rapid Response Squad, RRS, Lagos Taskforce, and Lagos Police Command, took over the premises and environs stopping every motorist and person from gaining access to the assembly.
Some miscreants, who tried to invade the complex were intercepted and arrested by vigilant security personnel and clamped into a waiting Black-Maria. Some charms and amulets were also recovered from the miscreants believed to be from Agege Constituency, which Obasa represents.
How Obasa was impeached
The lawmakers moved against Obasa over alleged misappropriation of funds and lack of transparency in the management of the Assembly via a motion under the Matter of Urgent Public Importance by Femi Saheed.
Saheed, citing Section 92(2) (C) of the Constitution, accused Obasa of gross misconduct and poor leadership, which included perpetual lateness to legislative sessions and meetings; high-handedness and lack of regard of honourable members; gross abuse of office and privileges; intimidation and oppression of honourable members by inciting members against one another among others.
He mentioned that Obasa also practiced an authoritarian and undemocratic leadership style in discharging his duties, and therefore moved the motion for his impeachment.
Following the adoption of the motion, the impeachment was made by 32 of the 40-member House through a voice vote.
Subsequently, they chose Meranda as the new speaker and Fatai Mojeed as deputy speaker.
Clerk, Onafeko removed, all committees dissolved
In a related development, the House also suspended the Clerk of the Assembly, Mr Olalekan Onafeko.
He has been replaced by Mr. Abubakar Taiwo Ottun as acting Clerk of the House.
Why we sacked Obasa
Subsequently, Abiodun Tobun, representing Epe Constituency 1, speaking with newsmen, explained why the members changed the leadership of the House.
“The Lagos State House of Assembly declared its decision to impeach Speaker Mudashiru Obasa. The impeachment was a unanimous decision by the lawmakers.
“The lawmakers agreed to take this step to safeguard our image and Lagos State. Change is inevitable, and we felt it was time for a new direction.
“All standing committees and principal office positions have been dissolved. We are determined to work together to elevate the Assembly and deliver on our responsibilities to Lagosians,” Tobun said.
He explained that the Constitution empowers the Assembly to regulate its proceedings, and members reached a consensus to end Obasa’s tenure.
The lawmakers assured the public of their commitment to the progress and stability of Lagos State under the new leadership.
Things to know about Lagos first female speaker, Meranda
Born to the noble family of late Chief Lawal Akapo (Ojora of Lagos) and Princess M. A. Lawal-Akapo of the royal families of Ojora, Aromire, Onitana, Oloto, and Oniru royal families, Mrs. Mojisola Meranda is a sibling to the Oniru of Irulaland, Oba Gbolhan Lawal.
She had her primary education at St. Charles Nursery and Primary school and later on at Randle primary school. She attended Anglican Girls Grammar school and Ansar-Ud-Deen secondary school both in Surulere where she held the posts of the library prefect and secretary press club, she obtained the West African school certificate (WASC) examination in the college.
Obasa’s ‘sins’
Obasa had been accused of financial mismanagement involving N44 billion allocated for vehicles and capital projects over two years.
This development has generated concerns and raised questions about transparency and accountability in the Assembly’s financial operations from critics, including lawmakers and residents.
Alleged vehicle allocations
A significant portion of the controversy had stemmed from the Assembly’s vehicle budget.
According to available official records on the Lagos House of Assembly Budget Performance, in 2023, N30.19 billion was allocated for vehicles, including official cars, utility buses, and backup vehicles. Another N13.33 billion was earmarked for vehicles in 2024.
However, investigations revealed that no vehicles were purchased in 2023, and only a small fraction of the 2024 allocation has been accounted for.
Other questionable capital projects include: N1.1 billion for properties in 2023; N126 million in 2024 for properties in Abuja; N15.65 billion for office construction in 2023 and 2024; and spending N17 billion on the fixing of complex gate.
In his reaction, Obasa described the allegations as “fake news, spurious and funny.”
This was in apparent reaction to claims by a group, Lagos State Anti-Corruption Coalition, accusing the Assembly of spending N17 billion to construct a gate.
Obasa reacts
Obasa said the allegation stemmed from the fear of some people over the 2027 polls which are still more than two years away.
The speaker further debunked the claim that the Assembly spent N200 million on its recently organised Thanksgiving Service for staff.
Obasa said: “It is so funny. How much is the allocation of the Assembly in the whole year that we will decide to spend N17 billion on a gate? They even claimed that we spent N200 million on thanksgiving that did not hold.”
Addressing further claims by the group about the alleged relationship between him and the Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, Obasa denied attending the latter’s screening and confirmation by the National Assembly.
Build-up to impeachment
Tensions mounted during the recent 2025 budget presentation, when Obasa, in apparent show of power, left party leaders and Governor Bababjide Sanwo-Olu, his deputy, Dr. Obafemi Hamzat, in rude shock after subjecting them to a long wait.
During the screening of Governor Sanwo-Olu’s nominees for commissioners, Obasa spearheaded opposition to names of nominees which eventually led to rejection, subjecting the governor to ridicule.
It took the intervention of President Bola Tinubu, the Governance Advisory Council, GAC, and APC party leaders to save the situation from snowballing into a heated Executive, Legislative face-off.
How Sanwo-Olu received impeachment news
Meanwhile, Governor Bababjide Sanwo-Olu skipped yesterday’s Executive Council Meeting as the news of Obasa filtered in.
Vanguard gathered from a credible source that Sanwo-Olu, had stayed back at the state House, Marina, and delegated his deputy, Dr. Obafemi Hamzat, to take charge of the weekly EXCO meeting, while monitoring the impeachment saga as it was unfolding.
Sanwo-Olu, at press time, was yet to make any comment on the development but multiple sources told Vanguard that he welcomed the news with great optimism for a better working relationship after a frosty experience with Obasa’s leadership.
“Good riddance to bad rubbish,” the executive members were said to have echoed during the meeting which was brief as Hamzat adjourned the meeting.
Meanwhile, Sanwo-Olu, it was gathered is likely to meet the new speaker and other principal officers soon.
News
TETFUND threatens to cut financial support to non-performing institutions

The Tertiary Education Trust Fund (TETFUND) has threatened to cut financial support to beneficiary tertiary institutions that fail to meet performance benchmarks or mismanage allocated funds.
The agency said it would de-list such tertiary institutions from its support programmes.
Executive Secretary of TETFUND, Sonny Echono gave the warning at a one-day strategic engagement with heads of institutions, bursars, and heads of procurement of the agency’s beneficiary institutions in Abuja on Monday.
Echono said the policy was not meant to punish, but rather safeguard the credibility and impact of TETFUND interventions.
He said: “Let me be clear, institutions that consistently fail to access, utilise or retire funds appropriately, or that fall short of enrollment and academic performance thresholds, risk being delisted as TETFUND beneficiary institutions.”
He also disclosed the intention of TETFUND to ensure that its resources were directed towards institutions that were committed to high standards of governance, transparency, and accountability.
Echono said the strategic engagement was targeted at addressing recurring challenges in Nigeria’s tertiary education sector, improving project execution, and enhancing the quality of education.
A key focus, he said, was the Academic Staff Training and Development (AST&D) intervention.
He said due to rising costs and incidents of scholars absconding, the foreign component of the TETFUND Scholarship for Academic Staff (TSAS) was suspended as of January 1, 2025 with emphasis now shifted to cost-effective, locally driven training.
Echono said this year’s intervention budget prioritises consolidation, sustainability, and the completion of abandoned projects.
He added: “This engagement is not merely a meeting but a strategic convergence. It is designed to address recurring issues of concern, streamline project implementation, and enhance the overall quality of tertiary education delivery in our nation.
“As we move forward, let us approach today’s discussions with openness, collaboration, and a shared vision to elevate our institutions and the students we serve.
“Together, we can strengthen accountability, drive innovation, and ensure that the legacy of TETFUND remains impactful, equitable and enduring for generations to come.”
Executive Secretary of the National Universities Commission (NUC), Professor Abdullahi Ribadu emphasised the importance of the meeting for evaluating the implementation and impact of TETFUND – supported projects in higher education institutions.
The NUC chief, who was represented by Dr. Joshua Atah appreciated TETFUND’s vital role in improving infrastructure, research, staff development, and academic quality, stating that without its support, public education would struggle to survive.
Prof. Ribadu acknowledged the adaptability of TETFUND’s policies, such as suspending international scholarships to reallocate resources more effectively.
He urged tertiary institutions to be more responsive and ensure that interventions were relevant and efficiently executed.
Ribadu encouraged judicious and timely use of funds and called for open and constructive dialogue during the engagement.
“This calls for greater responsiveness also on the part of the institutions. This responsiveness also includes the areas of the design and implementation of these interventions to ensure that they remain relevant, impactful, and aligned with the future of education in Nigeria.
“It’s also important that we judiciously utilise these resources, and not just judicious utilisation but also in a timely manner so that we don’t lose the fund,” he said.
News
Again, Boko Haram reportedly attack military base in Borno

Suspected Boko Haram terrorists have attacked a Nigerian Army base in Marte , the headquarters of Marte Local Government Area of Borno State with casualties
The terrorists attacked the 153 Task Force Battalion’s Forward Operation Base (FOab) at around 3am on Monday, according to the locals and security sources.
They said the terrorists also burnt armoured tanks and seized arms and ammunition from the base during the attack.
“ISWAP has taken over Marte. An unspecified number of soldiers were killed, some captured, and many others fled towards Dikwa.
“They are currently at the 24 Task Force Brigade in Dikwa,” a source said.
Recent terrorist attacks have targeted several military formations in Borno and Yobe, including Sabon Gari and Buni Yadi, with the latest being the attack on the 153 Task Force Battalion.
Attempts to reach Maj-Gen Markus Kangye, Director of Defence Media Operations, were unsuccessful as he didn’t answer calls or respond to text messages.
News
Taraba Woos Global Investors Ahead of Landmark Economic Summit

…Taravest 2025 to Unlock Opportunities in agric, energy, mining
…as state offers peace, resources, incentives
By Gloria Ikibah
The Federal Government and Government of Taraba State have called on the international community and private sector players to partner with Taraba in unlocking the state’s massive investment potentials across agriculture, energy, mining, and tourism.
This call comes ahead of the Taraba International Investment Summit (Taravest), with the theme: “Unlocking Taraba’s Investment Potentials, Advancing Agriculture, Energy, Mining and Industrialization for sustainable development “, scheduled for May 21, 2025, in Jalingo, Taraba state.
Speaking at the diplomatic preparatory briefing in Abuja, the Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, who was represented by Ambassador Anderson Madubike commended the initiative, describing it as a platform that aligns with Nigeria’s economic diplomacy agenda.
“I wish to commend His Excellency and indeed the Government of Taraba State for convening this timely summit, particularly at this time when the whole world is in need of creating a travelling investment climate through co-location. There is therefore the need for partnership between governments, private sector players, and civil societies,” the Minister stated.
He emphasised that Taravest represents “a collective pursuit of development and prosperity, not only for Taraba State, but indeed for the whole world.
“They have enormous resources—we’re talking about gold, we’re talking about uranium, and many others, and of course agriculture, fertile land, which you know, food, is the way to go”, he added.
Ambassador Madubike noted that the theme for the summit, themed “Unlocking Taraba’s Investment Potentials: Advancing Agriculture, Energy, Mining, and Industrialization for Sustainable Growth,” is expected to attract both local and international stakeholders.
“Our presence here signifies a commitment to making Taraba a model of investment and sustainable development,” he said.
In his address, the Executive Governor of Taraba State, Dr. Agbu Kefas, expressed gratitude to the Federal Ministry of Foreign Affairs and extended an open invitation to diplomats and investors.
Dr. Agbu highlighted the significance of the summit as the first of its kind since the state was created in 1991, and laid out three clear objectives.
“It is my great honor to welcome you to the Paivota Preparatory Meeting for the Taraba State International Investment Summit, Taravest 2025, in just nine days to come.
“To orient you to Taraba’s untapped potentials and the structure of the summit; to inspire your confidence in our security, infrastructure, and business environment; and to enlist your support in rallying investors, technical partners, and development agencies”, the governor said.
He emphasised Taraba’s strategic strengths, citing five core advantages, this is as he reassured guests about the state’s security readiness.
“Peace and security, over 44,000 km² of fertile land for agriculture, massive hydropower and solar capacity, rich mineral reserves including gold, barite, and lithium, and growing opportunities in tourism and the digital economy.
“I want to assure you that we have coordinated with the state security services, the Nigerian military, the Nigerian police, and our traditional rulers… to guarantee your safety”, he added.
The summit, he explained, will feature B2B and B2G matchmaking, policy dialogues, PPP frameworks, and guided site visits to model farms and mining zones.
“Taravest 2025 is more than a conference. It is a statement of fact that Taraba is open for transformative partnership. I invite you to leverage your good offices to mobilize your government and business communities,so that together we will convert promise into progress and unlock a future of shared prosperity”, Dr. Agbu added.
He also urged embassies to submit the names of participating investors and delegates by May 16, 2025, to ease logistics.
Taravest 2025, which will hold at the Banquet Hall of the Government House in Jalingo, aims to attract capital, expertise, and innovation to transform Taraba into a thriving investment destination and economic powerhouse.
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